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As of 8:10 PM 09/29/14 All times are local (Market data is delayed by at least 15 minutes).

scientific industries inc (SCND) Snapshot

Open
$3.25
Previous Close
$3.00
Day High
$3.25
Day Low
$3.00
52 Week High
12/27/13 - $5.00
52 Week Low
08/7/14 - $3.00
Market Cap
4.4M
Average Volume 10 Days
1.0K
EPS TTM
$-0.04
Shares Outstanding
1.5M
EX-Date
10/9/13
P/E TM
--
Dividend
$0.08
Dividend Yield
2.63%
Current Stock Chart for SCIENTIFIC INDUSTRIES INC (SCND)

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scientific industries inc (SCND) Details

Scientific Industries, Inc. designs, manufactures, and markets benchtop laboratory equipment and customized catalyst research instruments worldwide. It operates in three segments: Benchtop Laboratory Equipment, Catalyst Research Instruments, and Bioprocessing Systems. It offers vortex mixer to mix the contents of test tubes, beakers, and other various containers by placing such containers on a rotating cup or other attachments; various mixers and shakers, such as high speed touch mixers, mixers with an integral timer, cell disruptors, microplate mixers, mixers incorporating digital control and display, multi-vessel vortex mixers and shakers, and orbital shakers. The company also provides benchtop multi purpose rotators and rockers to rotate and rock various containers; refrigerated incubators and incubator shakers for shaking and stirring functions; and magnetic stirrers, including high/low programmable magnetic stirrers, four-place high/low programmable magnetic stirrers, and magnetic stirrers and four-place general purpose stirrers in analog and digital versions. In addition, it offers AMI-200 catalyst characterization instrument for traditional catalyst characterization experiments; AMI-300 catalyst characterization instrument for temperature-programmed catalyst characterization experiments; and catalyst research instruments, such as reactor systems, high throughput systems, and micro-activity reactors. Further, the company designs and develops bioprocessing systems, primarily microreactor systems using disposable sensors for vessels. The company’s products are used primarily for research purposes by universities, pharmaceutical companies, national laboratories, medical device manufacturers, petrochemical companies, and other industries performing laboratory-scale research. Scientific Industries, Inc. markets its products directly, as well as through laboratory equipment distributors. The company was founded in 1954 and is headquartered in Bohemia, New York.

scientific industries inc (SCND) Top Compensated Officers

Chief Executive Officer, President, Chief Fin...
Total Annual Compensation: $151.0K
President of Altamira Instruments Inc and Dir...
Total Annual Compensation: $136.0K
Executive Vice President and Secretary
Total Annual Compensation: $134.1K
Compensation as of Fiscal Year 2013.

scientific industries inc (SCND) Key Developments

Scientific Industries Inc. Reports Earnings Results for the Fiscal Year Ended June 30, 2014

Scientific Industries Inc. reported earnings results for the fiscal year ended June 30, 2014. For the year, the company announced net loss of $75,300 or $0.05 loss per basic share on net sales of $6,793,200 compared to net income of $396,400 or $0.30 earnings per basic share on net sales of $7,134,500 for the fiscal year ended June 30, 2013. The company's results for the year were impacted by decreased sales of its catalyst research instruments and Genie(R) brand products, coupled with increased costs and expenses related to the recent acquisition of the Torbal balances business.

Scientific Industries Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014

Scientific Industries Inc. reported earnings results for the third quarter and nine months ended March 31, 2014. The company reported a net loss of $59,700 or $0.04 loss per basic share on net sales of $1,786,300, for the three months ended March 31, 2014 against net income of $150,100 or $0.11 per basic share on net sales of $1,626,100 for the comparable three month period in 2013. The results for the quarter were negatively impacted by decreased sales of benchtop laboratory equipment products as well as the expenses related to the acquisition which closed in February 2014 of a laboratory and pharmaceutical balances and scale business. The company net income of $77,500 or $0.06 per basic share on net sales of $4,970,200 for the nine-month period ended March 31, 2014 against net income of $226,300 or $0.17 per basic share on net sales of $4,854,700 for the comparable nine-month period in 2013. The nine month period also reflects lower sales of benchtop laboratory equipment and catalyst research instruments, partially offset by increased sales and profits of bioprocessing products resulting from a single order for prototype products.

Scientific Industries Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2013

Scientific Industries Inc. reported earnings results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported net income of $135,100 or $0.10 per basic share on net sales of $1,747,800, for the three months ended December 31, 2013, and net income of $137,200 or $0.10 per basic share on net sales of $3,183,900 for the six month period ended December 31, 2013. Net income for the three months ended December 31, 2013 decreased by $3,300 from net income of $138,400 or $0.10 per basic share for the comparable period last year. Net sales for the three months ended December 31, 2013 decreased by $129,100 from $1,876,900 for the comparable period last year. For the six months ended December 31, 2013 net income increased by $61,000 from net income of $76,200 or $0.06 per basic share for the comparable period last year. Net sales decreased by $44,700 from $3,228,600 for the comparative 2012 six month period. The results principally reflect decreased sales of catalyst research instruments for both periods, partially offset by increased sales and profits of bio processing products resulting from a single order for prototype product which had minimal costs associated with it.

 

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